Washington REIT (WRE) Misses Q3 EPS by 2c

Go back to Washington REIT (WRE) Misses Q3 EPS by 2c

Washington Real Estate Investment Trust Announces Third Quarter Financial and Operating Results and Quarterly Dividend

October 25, 2018 4:48 PM EDT

WASHINGTON, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (Washington REIT or the Company) (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter ended September 30, 2018:

Third Quarter 2018 Highlights

Net income attributable to controlling interests was $5.9 million, or $0.07 per diluted share, compared to $2.8 million, or $0.04 per diluted share in the third quarter of 2017, primarily due to the recognition of an impairment charge on Braddock Metro Center in the third... More